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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?

To: MakeAFuss who wrote (897)	8/20/1998 6:34:00 PM
From: Rock_nj	Read Replies (2) \| Respond to of 5908

So, what you are saying is that the reason why IDCN is being held down is probably due to a MM that is selling for an insider? Not because of MM short covering? Interesting. I also think that IDCN isn't going higher because a lot of people think that the offer is too good to be true and a scam. As a result, there just isn't a massive amount of buying pressure.

To: MakeAFuss who wrote (897)	8/20/1998 6:49:00 PM
From: David Sirk	Respond to of 5908

I agree. Other than The MM's shaving some here and there, this stock is trading like any other stock would trade right now. Now I understand that last week things were real strange but I have not been in the stock very long so I missed that. What I have seen is allot of short term play and allot of questions. If the stock goes down tomorrow it is because people don't believe this company and they got scared and sold. If it goes up it is because people have been checking into it and realize that this is not a scam and that this company is bring in money as we speak. Also that many other pieces of this puzzel pan out. Unlike most penny stocks, with this one the deeper you look the less likeyhood of a scam that you exspect. Hopefully people will start coming around and start buying instead of selling.

To: MakeAFuss who wrote (897)	8/20/1998 6:53:00 PM
From: BigTex	Respond to of 5908

Amigo,I have a little history myself.Enough to know that you can only sell short on an uptick.Been there,done that,still doing it.And you can only cover on an uptick.So to everybody that reads this,take your sell orders out at .13 and above and put them back in the system at a .25Then when these guys have to cover they will lose their ass.

To: MakeAFuss who wrote (897)	8/20/1998 10:35:00 PM
From: Sojourner Smith	Read Replies (1) \| Respond to of 5908

I wasn't sure mms were shorting the stock. My main point is I know people with over 1 million shares total and I heard the float is in strong hands. Seems like mms are short shares. I sincerely would like to know from your background how mms get out of mess like that. What would happen if they had bumped it to .37? Let's rule out covering short positions. They would get sellers I know, but if there was a higher offer later, they might get more buyers and then what? Seems like they would eventualy not have the shares to sell. And would not be able to borrow them. Which what some people claim they do. Seems like one solution to their problem would be to walk it up and down untill you make up you inventory. Look I don't how mms think. But I could see how the could get in a pickle. And I have called many BB company heads that are mad with a mm or two. In my opinion the mm theory holding this back makes sense. I believe most of the trades were buys last Wed. 8 mil trades should have sent it to .30 easily. The sells today were daytraders. I know one guy who asked me about IDCN and got in at .08 and out at .13. I told him I was staying. Those are the type of sells that are going on, IMO. There has NOT been enough selling volume for a pump and dump, IMO.